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larrybaz

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larrybaz

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Re: None

Wednesday, 11/22/2017 6:07:48 AM

Wednesday, November 22, 2017 6:07:48 AM

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Common to be worthless:

This information in 8-K just released:

Existing common and preferred shareholders of Rand will have their equity interests cancelled without receiving any recovery or consideration and will cease to have an ownership or financial interest in the reorganized Company.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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